French Multinational Corp Saint-Gobain Acquires Stakes in Livespace

Saint-Gobain, a French multinational corporation, has acquired a minority stake in Livspace, a digital-first company that is rapidly growing in India and South-East Asia.

Livspace is a digital-first intermediation platform offering end-to-end solutions for home interiors, from design to installation. Founded in 2015, Livspace is a market leader in India and has grown its business rapidly by deploying significant investments in technology, marketing, and end-to-end solutions.

Today, Livspace serves around 20,000 homes annually in India and is poised to grow rapidly in the future. This investment will complement the group’s full range of solutions on the residential market in India which accounts for over 80 percent of the country’s building construction market.